Genpact Limited (G)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 648,246 | 1,022,650 | 914,171 | 478,398 | 583,670 | 541,004 | 491,308 | 552,281 | 646,765 | 518,680 | 460,376 | 861,760 | 899,458 | 922,475 | 752,580 | 644,002 | 680,440 | 803,399 | 867,363 | 401,624 |
| Short-term investments | US$ in thousands | 23,359 | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 1,201,790 | 1,216,730 | 1,163,090 | 1,150,960 | 1,121,360 | 1,059,540 | 1,011,720 | 1,008,790 | 998,054 | 997,449 | 1,017,480 | 974,421 | 890,539 | 955,430 | 920,659 | 889,334 | 883,656 | 862,292 | 872,717 | 915,488 |
| Total current liabilities | US$ in thousands | 963,739 | 1,294,730 | 1,197,680 | 1,185,400 | 1,317,930 | 978,958 | 931,443 | 944,524 | 1,103,320 | 1,633,110 | 1,091,290 | 1,383,290 | 1,308,800 | 1,312,350 | 1,240,710 | 843,738 | 1,202,640 | 1,146,650 | 1,283,320 | 944,057 |
| Quick ratio | 1.94 | 1.73 | 1.73 | 1.37 | 1.29 | 1.63 | 1.61 | 1.65 | 1.49 | 0.93 | 1.35 | 1.33 | 1.37 | 1.43 | 1.35 | 1.82 | 1.30 | 1.45 | 1.36 | 1.40 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($648,246K
+ $23,359K
+ $1,201,790K)
÷ $963,739K
= 1.94
The quick ratio of Genpact Limited has shown some fluctuations over the past few years. Initially, the quick ratio was stable, hovering around 1.30 to 1.45 from March 2020 to December 2021. However, there was a significant increase in the quick ratio in March 2021, reaching 1.82, indicating a strong ability to meet short-term liabilities with liquid assets.
From March 2022 to September 2023, the quick ratio remained relatively stable between 0.93 to 1.65, reflecting some variability in the company's liquidity position. The quick ratio saw a slight decrease in December 2023, dropping to 1.29, but it picked up again in March 2024 to 1.37.
In the most recent periods, the quick ratio improved significantly, reaching 1.94 in December 2024. This indicates that Genpact Limited has a higher level of liquid assets available to cover its current liabilities, suggesting a strong liquidity position at the end of 2024.
Overall, the trend in the quick ratio of Genpact Limited shows some fluctuations but generally indicates the company's ability to meet short-term obligations with its available liquid assets.
Peer comparison
Dec 31, 2024